Friday, 22 August 2014
Last updated 2 hours ago
Oct 20 2008 | 1:15pm ET
NewAlpha, a French alternative investments incubation shop, has entered into its eleventh seeding agreement, a US$50 million investment in a portfolio managed by Concerto Asset Management.
Concerto, based in Charlotte, N.C., is a multi-strategy shop with a focus on the U.S. corporate credit asset class. The firm is headed by CEO and chief investment officer Julie Bouhuys, who most recently as head of fixed-income credit products at Wachovia Corp.
The firm will invest primarily in U.S. leveraged loans and distressed investments, but its investment scope may also incorporate other credit asset classes. Its investing style balances fundamental credit analysis, relative value analysis and active portfolio management.
NewAlpha was established in 2003 by the ADi group, an independent French alternative fund manager founded in 1998 by Erich Bonnet and Christophe Bourret. It has currently approximately US$400 million under advisory.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note